Rupee in Friday's trade (July 10, 2020) opens lower at 75.16 in comparison to previous close of 74.995 per levels. This is as dollar recovers from multi-week lows on rising coronavirus led uncertainty.
Oil in today's session slipped and is set for its weekly loss as rising corona cases cast a dent on the demand outlook for the commodity. Brent crude was down by 7 cents, or 0.2%, at $42.28 a barrel by 0114 GMT after falling more than 2% on Thursday. U.S. oil fell 13 cents, or 0.3%, at $39.49 a barrel after a drop of 3% in the previous session.
As iwe write India has reported a record 26500 cases, while globally the tally has hit 12 billion as per John Hopkins university.
The yield on 10-year government bond stood at 5.7730%.
Meanwhile in line with global markets, Indian indices started on a flat note with a negative bias with Nifty below 10800 points while Sensex is at 36679 points.